AtonRa Partners Sells 472 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

AtonRa Partners decreased its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 12.4% in the 4th quarter, HoldingsChannel reports. The firm owned 3,333 shares of the semiconductor company’s stock after selling 472 shares during the quarter. AtonRa Partners’ holdings in Lattice Semiconductor were worth $230,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Lattice Semiconductor by 33.2% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 42,682 shares of the semiconductor company’s stock worth $3,668,000 after acquiring an additional 10,650 shares during the period. DekaBank Deutsche Girozentrale lifted its stake in Lattice Semiconductor by 286.0% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 192,390 shares of the semiconductor company’s stock worth $13,571,000 after purchasing an additional 142,543 shares during the last quarter. Amalgamated Bank boosted its holdings in shares of Lattice Semiconductor by 8.7% in the 3rd quarter. Amalgamated Bank now owns 107,968 shares of the semiconductor company’s stock valued at $9,278,000 after purchasing an additional 8,603 shares in the last quarter. South Dakota Investment Council bought a new position in shares of Lattice Semiconductor in the 4th quarter valued at $1,397,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in shares of Lattice Semiconductor during the 3rd quarter worth $530,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on LSCC. Needham & Company LLC raised their price objective on Lattice Semiconductor from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday. Benchmark lifted their price target on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday. Rosenblatt Securities reissued a “buy” rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday. KeyCorp raised their target price on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Finally, Susquehanna increased their price target on Lattice Semiconductor from $78.00 to $85.00 and gave the company a “positive” rating in a research note on Tuesday. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.18.

Insider Activity

In related news, CFO Sherri R. Luther sold 23,006 shares of Lattice Semiconductor stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $74.78, for a total transaction of $1,720,388.68. Following the completion of the transaction, the chief financial officer now owns 124,116 shares of the company’s stock, valued at $9,281,394.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Lattice Semiconductor news, CFO Sherri R. Luther sold 23,006 shares of Lattice Semiconductor stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total value of $1,720,388.68. Following the completion of the sale, the chief financial officer now directly owns 124,116 shares in the company, valued at $9,281,394.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Tracy Ann Feanny sold 6,318 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $75.14, for a total value of $474,734.52. Following the transaction, the senior vice president now owns 11,908 shares in the company, valued at $894,767.12. The disclosure for this sale can be found here. In the last three months, insiders have sold 43,741 shares of company stock valued at $3,225,795. 1.19% of the stock is currently owned by insiders.

Lattice Semiconductor Stock Down 5.0 %

LSCC traded down $3.85 during midday trading on Tuesday, hitting $73.01. 1,358,227 shares of the company were exchanged, compared to its average volume of 2,140,793. The firm’s 50 day moving average price is $75.77 and its 200-day moving average price is $68.89. Lattice Semiconductor Co. has a 1-year low of $51.96 and a 1-year high of $98.30. The firm has a market capitalization of $10.04 billion, a P/E ratio of 41.55, a P/E/G ratio of 16.67 and a beta of 1.38.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data on Monday, February 12th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.45. The company had revenue of $170.60 million during the quarter, compared to the consensus estimate of $176.15 million. Lattice Semiconductor had a return on equity of 36.07% and a net margin of 35.14%. The firm’s revenue was down 3.0% compared to the same quarter last year. During the same period last year, the company earned $0.38 earnings per share. On average, sell-side analysts predict that Lattice Semiconductor Co. will post 0.8 earnings per share for the current fiscal year.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.